Another scandal is hitting the workers’ compensation world, as the CEO of the Maryland state fund known as the Injured Workers’ Insurance Fund (IWIF) has been indicted on charges of accepting bribes and racketeering in connection with his previous career as a state senator.
Thomas Bromwell, the individual in question, has been running the fund since leaving elected office in 2002. To quote Insurance Journal,
“According to the indictment, Bromwell received nearly $193,000 from Poole and Kent, a prominent contracting firm, with the money disguised as payments for a no-show job for his wife, Mary Pat, who also was indicted. The company also provided free or discounted construction services on his home worth $85,000, the indictment said.”
In what can only be noted as bizarre, the Board of IWIF voted to keep Bromwell on in his present position despite the indictment. This despite the government’s move to freeze his bank accounts. No leave with pay pending the outcome, no reassigned temporarily, no extended leave of absence. Why? Evidently the Fund has experienced solid growth during Bromwell’s tenure, which has earned him the loyalty and confidence of the Board.
What does this mean for you?
Another scandal means you’ll need a cheat sheet to track them all.
Oct
26
